XRP holds above $1 as whales buy in, ETFs grow, and the CLARITY Act vote shifts to mid-September.
Coreum's XRPL bridge lost nearly 200,000 XRP after relayers treated attacker self payments as deposits, with evidence pointing to a logic flaw.
Two days after the incident, it emerged that the Coreum cross-chain bridge lost around 200,000 XRP during a 97-minute attack. Initial theories on social media linked the incident to a vulnerability in the XRP Ledger's "rippling" function.
Xora Finance brings native Stellar (XLM) to the XRP Ledger, highlighting a major step toward Stellar-XRPL interoperability and broader asset utility.
Bitcoin fell below $64,000 as Ether and XRP weakened, oil revived inflation fears, and traders prepared for Wednesday's U.S. CPI report.
XRP has marked its weakest weekly closing price in approximately 24 months, settling at $1.029 as the previous week concluded. The digital asset currently hovers near $1.03, experiencing a modest 0.5% decline over the last day and a 3.43% decrease across the previous week.
XRP ETF inflows collapsed 93% in a single week while the token tests $1.00 support. But whales are accumulating more than 10 million XRP per day, RLUSD has reached $1.
Bitcoin failed to hold $65,000 for a fourth day as an oil rally revived inflation worries before Wednesday's U.S. price data.
XRP's setup is getting tighter as whale buying and rising liquidity put a potential short squeeze in focus.
XRP could fall toward the $0.80–$0.91 range before a potential bullish reversal, according to one market analyst.
With the most recent attempt at stabilization failing to result in a significant trend reversal, XRP is still trapped in a strong bearish structure. After moving sideways for the majority of July and the first part of August, the asset now trades at $1.03, perilously close to the psychologically significant $1 threshold.
Ripple has voted to support two XRP Ledger amendments designed to introduce single-asset vaults and fixed-term institutional lending directly at the network's protocol level.